Over the life of your mortgage, you will actually save money with brick.
The Relative and Absolute Costs of Brick.
Brick is far more affordable than most people think.
You should never have to settle when building, purchasing, or remodeling your home. We know that a full brick home may sound like it’s out of your budget, but we can show you that not only is brick affordable it will end up saving you thousands over the life of your mortgage. The cost of installing brick is slightly higher than fiber cement, but the year-over-year savings is unmistakable.
|Fiber Cement||Brick||Genuine Stone|
|Cost Per Square Foot*||$3-4 Avg $3.50||$4-5 Avg $4.50||$12-15 Avg $13.50|
|Material Cost (5,500 X Avg cost per sq. foot)||$19,250||$24,750||$74,250|
Let’s Break This Down:
- Brick never needs to be painted and the maintenance on a brick home is minimal.
- Utilities: Brick is a natural insulator which means your HVAC doesn’t have to work as hard to keep your home cooler in the summer and warm in the winter. Average savings of 20% a year.
- Insurance: Because of the non-combustible material that is brick, insurance rates are on average 10% lower than other cladding materials.
When speaking with prospective clients, we spend a lot of time dispelling the myth that brick is too expensive. Yes, the initial cost is slightly higher than other materials, but those discounted options don’t take into consideration the hidden costs of a lifetime of ownership. These key points include:
- Brick construction never needs painting or cleaning, and will never incur repair costs for rotting, fading, denting or peeling. This fact alone can see your brick pay itself off in a matter of years.
- Dense, earthen material provides superior thermal efficiency, and will drastically reduce your heating and cooling costs, with average savings of up to 8%. Plus, your family will always stay safe and comfortable, and who can put a price tag on that?
- Insurance companies love brick! As such, many will offer you reduced rates, since your home presents a far safer long-term bet that it will withstand the elements. In fact, you can count on getting more than a century of dependable service out of your brick home!
- You will get your investment back, often many times over upon resale of your property. In fact, brick homes appreciate by a factor of 9.52% when compared to vinyl, and sell for at least 6% more than what you paid on average. This means that a vinyl home @ $200K will appreciate to $236K in 5 years, while a slightly more expensive brick home @ $213K will appreciate to $256K in the same time period. That’s a difference of $8K in just half a decade (a figure that doesn’t even take the above three points of savings into consideration). By the end of the decade, your investment in brick will have already paid itself off, and then some!